(NSYS) Nortech Systems - Ratings and Ratios

Nortech Systems Incorporated is a contract manufacturer and engineering services provider catering to the electromedical, electromechanical, and industrial sectors across the United States, Mexico, and China. The company delivers a comprehensive suite of services, including project management, design, prototyping, testing, manufacturing, and supply chain management, supporting original equipment manufacturers (OEMs) in the medical devices, aerospace, defense, and industrial markets.

The companys capabilities encompass the production of complex electromedical and electromechanical products, such as medical devices, wire and cable assemblies, printed circuit board assemblies, and higher-level assemblies. Nortech Systems also offers post-market services, including repair, to its clients. With a presence in the US, Mexico, and China, the company leverages its global footprint to provide cost-effective solutions to its clients.

Given the current , Nortech Systems stock is trading above its 20-day and 50-day simple moving averages (SMA20 and SMA50), indicating a short-term bullish trend. However, the stock remains below its 200-day simple moving average (SMA200), suggesting a longer-term bearish trend. The Average True Range (ATR) of 0.76 represents an 8.25% daily price range, indicating moderate volatility. Considering the , the companys market capitalization stands at $23.74M USD, and its return on equity (RoE) is -9.74%, indicating negative profitability.

Forecasting the future performance of NSYS, we can expect the stock to face resistance around the 52-week high of $15.08. Given the current SMA20 and SMA50 levels, a potential short-term target could be $10.00, representing a 8.6% increase from the current price. However, the negative RoE and absence of P/E ratios suggest underlying fundamental challenges, which may hinder the stocks long-term growth. Therefore, a more conservative forecast is warranted, with potential support around the 52-week low of $7.56. A break below this level could signal further downside, while a sustained move above $10.62 (SMA200) could indicate a reversal in the long-term trend.